Average Annual Gold Production of 101 koz, After-Tax NPV5% of C$285M, and IRR of 35.2% Highlights: Robust economics with after-tax net present value (“NPV”) (discount rate 5%) of C$285M, internal rate of return (“IRR”) of 35.2% and payback of 1.7 years estimated with gold price of US$1,650 per ounce Average annual gold production of 101,000 […]
HALIFAX, NS January 24, 2022 – Fortune Bay Corp. (TSXV:FOR, FWB:5QN) (“Fortune Bay” or the “Company”) is pleased to announce that Phase 2 exploration drilling has commenced on its Goldfields Gold Project, and a ground gravity survey has begun on its Strike Uranium Project. Both Projects are located in northern Saskatchewan, within 25 kilometres of Uranium City where the Company has an established operational base (see Figure 1).
HALIFAX, NOVA SCOTIA – September 28, 2022 – E-Tech Resources Inc. (“E-Tech” or “Company”) (TSX.V:REE, FSE:K2i) is pleased to announce results of its annual meeting held September 27, 2022. All resolutions were passed, and the shareholders have elected Jim Megann, John Philpott, Ken Marshall, Christopher Drysdale, and Frances Wall as directors of the Company. In […]
HALIFAX, NS August 23, 2022 – Fortune Bay Corp. (TSXV:FOR, FWB:5QN, OTCQX: FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce initial drilling results from its maiden exploration drilling program on the 100% owned Murmac Uranium Project (“Murmac” or the “Project”), located in northern Saskatchewan (see Figures 1 and 2). The drilling program, which tested […]
HALIFAX, NS January 24, 2022 – Fortune Bay Corp. (TSXV:FOR, FWB:5QN) (“Fortune Bay” or the “Company”) is pleased to announce that Phase 2 exploration drilling has commenced on its Goldfields Gold Project, and a ground gravity survey has begun on its Strike Uranium Project. Both Projects are located in northern Saskatchewan, within 25 kilometres of Uranium City where the Company has an established operational base (see Figure 1).
HALIFAX, NS January 24, 2022 – Fortune Bay Corp. (TSXV:FOR, FWB:5QN) (“Fortune Bay” or the “Company”) is pleased to announce that Phase 2 exploration drilling has commenced on its Goldfields Gold Project, and a ground gravity survey has begun on its Strike Uranium Project. Both Projects are located in northern Saskatchewan, within 25 kilometres of Uranium City where the Company has an established operational base (see Figure 1).
HALIFAX, NS June 28, 2022 Fortune Bay Corp. is pleased to announce initial drill results for its 100% owned Strike Uranium Project, located in northern Saskatchewan. A total of nine drill holes were completed comprising 2,064 metres. Results included shallow intersections of elevated radioactivity, between 35 and 95 metres below surface, within favorable geological settings […]
HALIFAX, NS June 27, 2022 Fortune Bay Corp. is pleased to announce that effective today it has qualified to trade on the OTCQX® Best Market under the symbol “FTBYF”. Fortune Bay upgraded to OTCQX from the Pink® market. Fortune Bay’s common shares will continue to trade on the TSX Venture Exchange under the symbol FOR […]
HALIFAX, NS January 24, 2022 – Fortune Bay Corp. (TSXV:FOR, FWB:5QN) (“Fortune Bay” or the “Company”) is pleased to announce that Phase 2 exploration drilling has commenced on its Goldfields Gold Project, and a ground gravity survey has begun on its Strike Uranium Project. Both Projects are located in northern Saskatchewan, within 25 kilometres of Uranium City where the Company has an established operational base (see Figure 1).
HALIFAX, NS June 16, 2022 Fortune Bay Corp. is pleased to announce initial drill targets for its 100% owned Murmac Uranium Project located in northern Saskatchewan. Highlights: Nineteen initial drill targets have been identified following completion of airborne electromagnetic and ground gravity surveying. The targets represent favorable geophysical and geological features typically associated with high-grade […]
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